I think many altcoins are at their bottom or almost there and it is high time to accumulate some coins. Some of the older coins might have some potential to perform well in the upcoming alt season, but I am more focused on new coins. I agree with your thinking that it is more profitable to invest in newly launched (after the 2021 alt season) coins than flagging a dead horse. I purchased a few coins approximately a month ago when the market dipped and have shortlisted a few more potential coins in case we see another dip in the coming days.
That is true, if you trust any coins then it is great time to accumulate as much as possible, which is what people are not doing at the moment and it upsets me and I feel so sad because the yare going to regret it. Look at all the people who are still selling, I have seen people with millions that sold their coins and got out, people who are that rich shouldn't really be weak hands considering how much they have, but they still do end up like that, and don't get me started on the retail investors, that's a whole another different subject which causes a lot of trouble without a doubt.
I think the best way to move forward would be just making sure that we are dealing with something that takes time, its not going to end up with much issues if we just trust it.